Fundbox talks AI in SMB credit decisions, Wells Fargo taps TranferMate for global invoicing and China’s corporate cash crisis worsens
| | | | BUSINESS TO BUSINESS EDITION | | AI Flexes To Manage Supply Chain Volatility Regardless of how much technology a manufacturer has in place, the volatility of today's industries â both on the supply and demand side â force supply chains to be flexible. Artificial intelligence can support that malleability, says Noodle.ai VP Gaurav Palta. But there is a long road of data challenges ahead for AI to reach its full potential in the supply chain. |
| FBI, Banks Go Global With Cybercrime-Fighting Tactics The U.S. FBI recently charged 11 alleged conspirators who created the GozNym malware attack, targeting small businesses and stealing their bank credentials. Law enforcement said global cooperation was key, a sentiment shared by the central banks of the G7, which are preparing to collaborate on a cross-border cyberattack simulation. |
| | SMB Credit | | Resisting The Temptation To âRuleâ In Small Biz Credit Decisions Machine learning and AI can help smooth business processes and eliminate the reliance on paper-based and manual operations. Prashant Fuloria, COO at financial technology firm Fundbox, tells Karen Webster that when it comes to offering SMBs credit, there are guiding principles about which data is most useful â and sometimes, models need models. Hereâs why, he says, the stakes are high. |
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